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Content-type: text/plain This might be a generous interpretation, but, hey, I'm a generous guy! Prices fell moderately during the first hour or so, then gradually fought back, more or less, to close down modestly. Volume picked up a bit, to +4% above average. So on the whole it certainly wasn't a good day, but wasn't a really bad day either. Just how much more energy this Santa Claus rally has is hard to say. We've got some short-term traders sitting on a quick 7% profit, if they aren't leveraged. They're looking forward to Main Street doing its tax-loss selling providing an excess supply of stock over the next couple weeks, and a typically tough January. What would YOU do? Me too. If I were actively buying and selling stocks, that is. I've gotta keep harping on this. As Master Yoda would say, "If stocks you buy, sell you must." Price Vola- Momen- Volume Oscil- Summ. Change tility tum lator Index -__+ -__+ -__+ -__+ -__+ -__+ ___ ___ 11/29 __ ___ 11/30 ____ __|_ ___| __>_ 12/01 __|_ ___ _|__ __>_ __>_ 12/02 _|__ ___ ___ 12/05 Timing Signals: I don't use or recommend timing signals, but they're fun to watch. If I did though, well, I might use something like this. (Be warned!! It tends to whipsaw around signal points!) Last Signal: BUY Date: 10/31/05 S&P: 1207 Winner or Loser: tbd By: tbd See my market tracking charts for '03-'04 and my investment strategy study at my website(s): http://www.xprt.net/~pgrogers/Pers.html http://www.geocities.com/paulgrogers/Pers.html Paul Rogers, paulgrogers{at}yahoo.com -o) http://www.angelfire.com/or/paulrogers /\\ Rogers' Second Law: Everything you do communicates. _\_V ... Truth has nothing to fear from examination. ___ MultiMail/MS-DOS v0.35 ---* Origin: The Bare Bones BBS (1:105/360) SEEN-BY: 633/267 270 5030/786 @PATH: 105/360 106/2000 633/267 |
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